MassEcon Economic Impact Award winning companies

MassEcon, a promoter of Massachusetts businesses, annually honors businesses in the state with the Economic Impact Award. This recognition acknowledges the businesses that positively affect the state’s economy through job growth, facility expansion, and investment. MassEcon sees the following 14 companies as stakeholders in the fabric of the Massachusetts economy as they make significant contributions through their community involvement, and their dedication to benefiting the local job market and economy.

The companies will be honored at a luncheon on Nov. 26 at the Renaissance Waterfront Hotel in Boston.
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Recent expansion: A health care records software company, Athenahealth acquired Harvard University’s Arsenal campus on the Charles River for $186 million to expand its headquarters by 51,000 square feet. The company has also announced it will make $200 million in improvements over the next 10 years.

Workforce growth: In addition to expanding their campus, Athenahealth added 458 jobs and plans to add 1,600 in the next few years.
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Recent expansion: Red Hat built a 75,000-square-foot facility for its engineering and sales team next to their existing 100,000 square foot research and development location.

Workforce growth: With a new building and a growing cloud software business, Red Hat added 97 employees this year with plans to add 181 jobs by 2016.
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Granite Telecommunications

Granite Telecommunications

Southeast bronze winner: Granite Telecommunications

Headquarters: Quincy

Founded: 2002

Industry: Communications

Recent expansion: Granite Telecommunications, with locations in Georgia, Florida, Rhode Island, and New York City, has dedicated itself to the community of Quincy by purchasing a 124,000-square-foot building valued at $14 million.

Workforce growth: Over half of Granite’s 2,000 employees are based in Quincy, with 179 new jobs added this year.

Pictured: Members of the Granite team presented a check for the money they raised as part of Granite Day, the company’s charitable carnival.
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LeachGarner

LeachGarner

Southeast silver winner: LeachGarner

Headquarters: Attleboro

Founded: 2012

Industry: Precious metals

Recent expansion: This newly formed company from mergers and acquisitions has spent over $12 million with Massachusetts suppliers and service providers.

Workforce growth:With over 600 people employed in Massachusetts, LeachGarner has added 87 new jobs since the company’s formation in May 2012.
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Hamilton Storage Technologies

Hamilton Storage Technologies

Southeast gold winner: Hamilton Storage Technologies

Headquarters: Franklin

Founded: 2007

Industry: Life science storage

Recent expansion: Hamilton Storage Technologies specializes in the ultra-low temperature storage of life science processes, such as DNA, forensics, and biobanking. They invested $16 million to build a 52,000-square-foot facility.

Workforce growth: As the sample management division headquarters and East Coast competence center, Hamilton employees 60 people in Massachusetts with plans to hire 20 more in the coming year.
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Saint-Gobain

Saint-Gobain

Central bronze winner: Saint-Gobain

Headquarters: Devens

Founded: 1665

Industry: Materials

Recent expansion: As the world’s largest building materials company, Saint-Gobain built a 187,000 square-foot expansion on their Devens headquarters.

Workforce growth: The expansion allowed for Saint-Gobain to hire 100 new employees.
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Workforce growth: The building project created 100 new construction jobs and will hire 30 new faculty upon completion.
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Unum

Unum

Central gold winner: Unum

Headquarters: Worcester

Founded: 1848

Industry: Insurance

Recent expansion: This company’s predecessor, Paul Revere Life Insurance, entrusted a long-company history in Massachusetts to a traditionally United Kingdom company. Upon merging, Unum was the first to move into Worcester’s CitySquare development, signing a 17-year lease.

Workforce growth: Its investment created 300 construction jobs and allowed 600 jobs to remain in the Commonwealth.
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Matt Stephan/Gulfsteram Aerospace

Gulfstream Aerospace

West silver winner: Gulfstream Aerospace

Headquarters: Westfield

Founded: 1978

Industry: Aircraft production

Recent expansion: Gulfstream Aerospace, a subsidary of General Dynamics, invested $24 million in Massachusetts with the construction of an 85,000-square-foot hangar for maintenance, repair, and overhaul of 22 of the company’s manufactured business jet aircrafts.

Workforce growth: This new hangar created 100 new product support jobs on site in Westfield.
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Lenox Tools

Lenox Tools

West gold winner: Lenox Tools

Headquarters: East Longmeadow

Founded: 1915

Industry: Tool manufacturing

Recent expansion: Due to customer demand of Lenox’s hand tools, accessories and band saw blades, the company expanded by 55,000 square feet across two buildings in East Longmeadow.

Workforce growth: The growing business hired 155 new employees, who joined their current staff to engage in the community through a variety of charitable organizations.
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